HSBC

707 results about this entity

Period: 17 May 2007 - 14 Feb 2025

HSBC drops plans for data centre expansion

HSBC has dropped plans to build a new £300 million data centre in York.

HSBC private client data breach widens

HSBC's discomfort over the theft of client data from its private banking operations in Geneva by an IT insider has deepened as it emerges that the breach may have affected thousands of customers rather than the single-digit figure initially claimed by the bank.

Imaging glitch exposes HSBC customer data

The US arm of HSBC says a problem with its imaging software has exposed sensitive information about customers going through bankruptcy proceedings.

Bank of England calls for more fivers in ATMs

The Bank of England is urging financial institutions to stock up ATMs with £5 notes in a bid to increase their circulation. The call comes as evidence grows that Brits are hoarding cash because they do not have confidence in the banking system.

HSBC to pilot combined debit and credit card

HSBC is collaborating with Visa on a six-month internal pilot of a combined multi-application credit and debit card.

Payments stakeholders push for XML clarity in the corporate-to-bank space

Banking network Swift is working with a consortium of major financial institutions, corporations and technology vendors to develop a set of common standards for the implementation of ISO20022 messages in the corporate-to-bank space.

HSBC to cut 1700 jobs

HSBC has added to UK banking industry woes by announcing plans to shutter seven regional offices and cut 1700 support jobs in its retail banking network.

Lloyds TSB, Barclays and HSBC extend UK cheque processing outsourcing deals

Lloyds TSB, Barclays and HSBC have signed five year outsourcing contract extensions worth a total of £315 million with the UK cheque and payments processing joint venture they jointly own with IT firm Unisys.

Transaction bankers embrace co-operation

The future of transaction banking lies in greater collaboration between banks and a greater adoption of outsourcing. This was the main point delivered at a keynote debate at this Sibos, the annual user conference of banking co-operative Swift.

Dealers to accelerate central clearing of OTC trades

Under pressure from regulators, 15 of Wall Street's biggest banks have committed to significantly increase the use of central counterparties to clear over-the-counter (OTC) derivatives.

Which? criticises online banking security

UK consumer group Which? has accused Abbey and Halifax of employing poor online security measures, leaving customers vulnerable to fraud.

HSBC stocks ATMs with £5 notes in BoE pilot

HSBC has begun stocking 100 UK cash machines with £5 notes as part of a Bank of England (BoE) trial designed to boost their numbers.